How Life Works

Legal Tricks to Fixing Your Credit Score

Most people understand that having a good credit score is essential when purchasing major items like a car or home. The higher your score, the easier it is to obtain a loan—or at least a good loan at an affordable interest rate.

Nevertheless, countless people mess up their credit every day due to four key mistakes:

1. Not paying bills on time. No matter how small the amount or how short the delay, it can seriously harm you.

2. Not knowing your score.If you think you only need to know when it's time to make a purchase, you're wrong.

3. Not knowing how credit scores work.If you think items are required to stay on your report for 7 years, you're wrong.

According to the US Public Interest Research Group, 79% of credit reports contain errors. Whether they are your fault or because someone else made a mistake doesn't matter. These errors cause serious harm to your credit rating, and can cost you thousands of dollars due to higher fees on car loans, home loans, or other credit lines. They can prevent you from getting a new car, owning your own home, or even getting a good credit card with reward offers.

Unfortunately, most people don't realize that they can easily and legally fix their credit.

For example, say you did pay a bill late. Many assume they just have to deal with having that mark on their credit report for 7 years. This isn't true.

The Fair Credit Reporting Act (FCRA) actually says that the longest an item can stay on your credit report is 7 years. It's a time limit; NOT a requirement. This law is actually designed to protect you, but because credit bureaus are private companies that operate for-profit and are in the business of buying and selling financial gossip about you, they aren't quick to clean up your record for you.

So who benefits from your bad credit? No surprise—it's the banks and mortgage companies. They earn millions every year off people who don't know about their credit score or how to fix it.

Fortunately, there is a solution.

One of the quickest and easiest ways to learn about your credit and fix any problems is through The Credit Solution Program. The site was founded by Mike Roberts, who calculated he was at one time losing thousands of dollars a year due to his credit rating. But rather than just passively accept his fate, he educated himself on personal finances and discovered how anyone can improve their credit score.

And right now, The Credit Solution Program is giving away free starter kits that include access to a series of short videos that teach you the tricks banks and mortgage companies don't want you to know. These smart, easy-to-understand lessons come from a team of experts, but they aren't a bunch of suits talking down to you. This is a group of everyday people trying to help others improve their lives by raising their credit scores and taking control of their personal finances.

Knowing the basics about your credit score prevents people from taking advantage of you. With The Credit Solution Program, you not only learn the simple tricks to get items removed from your credit report, but also have an organized plan for improving your finances as a whole.